Czech arms maker CSG seeks to acquire US ammunition maker Kinetic Group for market expansion and long-term investment.
Czech arms maker CSG CEO, Michal Strnad, aims to transform his company by acquiring US ammunition maker Kinetic Group, currently a part of Vista Outdoor. This acquisition would enable CSG to gain a significant share of the West's small ammunition market, increasing its revenue from last year's 1.7 billion euros. Strnad emphasizes that CSG's intent is to invest in the company long-term, focusing on growth and technological development, rather than simply seeking financial gain.
April 14, 2024
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